Victory Boxing Club
Victory Boxing Club maintains stable assets and zero executive compensation despite recent operating deficit.
EIN: 203218646 · Omaha, NE · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $147K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $166K |
| Transparency Score | 92/100 |
Is Victory Boxing Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Victory Boxing Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Victory Boxing Club
Victory Boxing Club (EIN: 203218646) is a nonprofit organization based in Omaha, NE, classified under NTEE code N60. The organization reported total revenue of $204K and total assets of $215K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Victory Boxing Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Victory Boxing Club is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $147K |
| Surplus / Deficit | $-30,422 |
| Total Assets | $166K |
| Total Liabilities | $59 |
| Net Assets | $166K |
| Operating Margin | -26.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 13.6 months |
Financial Health Grade: B
In 2023, Victory Boxing Club reported a deficit of $30K with expenses exceeding revenue, holds 13.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Victory Boxing Club's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.5% | -4.9% | -16.7% |
| 2022 | +15.8% | +4.4% | -2.1% |
| 2021 | -25.3% | +9.7% | -8.3% |
| 2020 | +46.6% | +7.7% | +21.0% |
| 2019 | -28.3% | -6.0% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Victory Boxing Club with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Victory Boxing Club allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with annual revenues exceeding $100,000 and suggests a volunteer-led or very lean operational structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Victory Boxing Club's IRS 990 filings:
- Operating deficit in the most recent fiscal year (202312), with expenses exceeding revenue by $30,422.
Strengths
The following positive indicators were identified for Victory Boxing Club:
- Consistent 0% officer compensation across all reported periods, indicating high efficiency.
- Stable asset base, with assets reaching $214,944 in the latest period.
- Long history of IRS 990 filings (13 filings), demonstrating strong transparency.
- Low liabilities, such as $59 in 202312, indicating sound financial management and minimal debt.
Frequently Asked Questions about Victory Boxing Club
Is Victory Boxing Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Victory Boxing Club (EIN: 203218646) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Victory Boxing Club spend its money?
Victory Boxing Club directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Victory Boxing Club tax-deductible?
Victory Boxing Club is registered as a tax-exempt nonprofit (EIN: 203218646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Victory Boxing Club CEO make?
Victory Boxing Club's highest-compensated officer earns $100,000 annually. The organization reported $204K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Victory Boxing Club's spending goes to programs?
Victory Boxing Club directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Victory Boxing Club compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Victory Boxing Club is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Victory Boxing Club located?
Victory Boxing Club is headquartered in Omaha, Nebraska and files with the IRS under EIN 203218646. It is classified under NTEE code N60.
How many years of IRS 990 filings does Victory Boxing Club have?
Victory Boxing Club has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $204K in total revenue.
Is Victory Boxing Club a good charity?
Based on the available data, Victory Boxing Club appears to be a good charity. It consistently reports 0% officer compensation, indicating that donations are likely directed almost entirely to its mission. Its assets are stable, and it has a long history of IRS 990 filings, demonstrating transparency.
How does Victory Boxing Club manage its finances without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that executive functions are performed by individuals compensated through other means not classified as officer compensation on the 990, or by a separate entity. This is a significant indicator of efficiency.
What caused the deficit in the 202312 period?
In the 202312 period, Victory Boxing Club reported revenues of $116,115 and expenses of $146,537, resulting in a deficit of $30,422. The specific causes are not detailed in the summary data but could be due to increased program costs, one-time expenditures, or a temporary dip in fundraising.
Filing History
IRS 990 filing history for Victory Boxing Club showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Victory Boxing Club's revenue has grown by 32.9%, moving from $87K to $116K. Total assets decreased by 3.1% over the same period, from $171K to $166K. Total functional expenses rose by 81.6%, from $81K to $147K. In its most recent filing year (2023), Victory Boxing Club reported a deficit of $30K, with expenses exceeding revenue. The organization holds $59 in liabilities against $166K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $166K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $147K | $166K | $59 | — | — |
| 2022 | $150K | $154K | $199K | $3K | — | View 990 |
| 2021 | $129K | $148K | $203K | $3K | — | View 990 |
| 2020 | $173K | $135K | $222K | $3K | — | — |
| 2019 | $118K | $125K | $183K | $3K | — | View 990 |
| 2018 | $165K | $133K | $190K | $3K | — | View 990 |
| 2017 | $103K | $112K | $158K | $3K | — | View 990 |
| 2016 | $126K | $104K | $167K | $3K | — | View 990 |
| 2015 | $174K | $100K | $142K | $3K | — | View 990 |
| 2014 | $103K | $99K | $144K | $78K | — | View 990 |
| 2013 | $86K | $95K | $139K | $78K | — | View 990 |
| 2012 | $123K | $98K | $146K | $75K | — | View 990 |
| 2011 | $87K | $81K | $171K | $125K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $147K, and assets of $166K (revenue -22.5% year-over-year).
- 2022: Revenue of $150K, expenses of $154K, and assets of $199K (revenue +15.8% year-over-year).
- 2021: Revenue of $129K, expenses of $148K, and assets of $203K (revenue -25.3% year-over-year).
- 2020: Revenue of $173K, expenses of $135K, and assets of $222K (revenue +46.6% year-over-year).
- 2019: Revenue of $118K, expenses of $125K, and assets of $183K (revenue -28.3% year-over-year).
- 2018: Revenue of $165K, expenses of $133K, and assets of $190K (revenue +59.5% year-over-year).
- 2017: Revenue of $103K, expenses of $112K, and assets of $158K (revenue -18.0% year-over-year).
- 2016: Revenue of $126K, expenses of $104K, and assets of $167K (revenue -27.6% year-over-year).
- 2015: Revenue of $174K, expenses of $100K, and assets of $142K (revenue +68.5% year-over-year).
- 2014: Revenue of $103K, expenses of $99K, and assets of $144K (revenue +20.4% year-over-year).
- 2013: Revenue of $86K, expenses of $95K, and assets of $139K (revenue -30.2% year-over-year).
- 2012: Revenue of $123K, expenses of $98K, and assets of $146K (revenue +40.6% year-over-year).
- 2011: Revenue of $87K, expenses of $81K, and assets of $171K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Victory Boxing Club:
Data Sources and Methodology
This transparency report for Victory Boxing Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.